Recently in Grains Sector Category
Last week's Illative Blog entry (see link) highlighted three issues that we think are critically in need of examination and analysis. This week we examine three additional issues, followed by a discussion of why the capacity to analyse these issues is limited.
Current grain prices are
bringing genuine smiles to the face of many a Prairie grain producer. It is
good to see grain farmers with such optimism. They have faced a number of
financially difficult years and now they have some good prospects. How long
this will last, no one knows. If you had a chance to examine last week's
Many
Prairie grain farmers have received substantial government transfers in
previous years. I was one who argued that the government should support grain
farmers, an argument not appreciated in all quarters. Hopefully the industry
will evaluate what impact, good and bad, the past transfers had on the grains
sector.
While the grains sector is experiencing good times financially it is important to address the secondary challenges that come about as grain prices rise. Keeping these effects in mind may help the agriculture industry make the most of the current opportunity. Some of the secondary challenges are local, some national, and some international.
